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Sam Altman returns as CEO, OpenAI has a new initial board

openai.com

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Re: Sam Altman returns as CEO, OpenAI has a new initial board

#51

Post by freedomben »

I try hard to stay away from conspiracy theories as they are almost always counterproductive, but D'Angelo still being on the board seems insane to me. Does this guy have some mega dirt on someone or something? Does he have some incredible talent or skill that is rare and valuable?

Re: Sam Altman returns as CEO, OpenAI has a new initial board

#52

Post by jacquesm »

jprete wrote: post #44
Grae wrote: post #29

Earlier quoted context omitted.

This line is really interesting: > The best interests of the company and the mission always come first. That is absolutely not true for the nonprofit inc. The mission comes first. Full stop. The company (LLC) is a means to that end. Very interested to see how this governance situation continues to change.

There's absolutely no sense in talking about OpenAI as a nonprofit at this point. The new board and Altman talk about the governance structure changing, and I strongly believe they will maximize their ability to run it as a for-profit company. 100x profit cap is a very large number on an $80 billion valuation.

There never was. But they successfully planted the seeds to make people think it is that way.

Re: Sam Altman returns as CEO, OpenAI has a new initial board

#54

Post by kappi »

meetpateltech wrote: post #7

Sam Altman: I recognize that during this process some questions were raised about Adam’s potential conflict of interest running Quora and Poe while being on the OpenAI Board. For the record, I want to state that Adam has always been very clear with me and the Board about the potential conflict and doing whatever he needed to do (recusing himself when appropriate and even offering to leave the Board if we ever thought…

[flagged]

Re: Sam Altman returns as CEO, OpenAI has a new initial board

#55

Post by 3cats-in-a-coat »

nirv wrote: post #39

[flagged]

Do you comprehend that if it weren't for Microsoft OpenAI wouldn't exist, nor their products which changed the world?

You don't make AI in a garage with a home PC and beer. You need gigantic amount of data, compute, and talented people to organize all this, which are exceptionally rare, and also they need to eat and feed their families too.

Re: Sam Altman returns as CEO, OpenAI has a new initial board

#57

Post by rvba »

firebirdn99 wrote: post #41
fallingknife wrote: post #9

Earlier quoted context omitted.

Technically no, but when 90% of their employees threatened to quit, they would just be the board of nothing.

The board was a non profit board serving the mission. Mission was foremost. Employees are not. One of the comments a member made was, if the company was destroyed, it would still be consistent with serving the mission. Which is right. The fallout showed non-profit missions can't co-exist with for-profit incentives. And the power that investors were exerting, and employees (who would also benefit from the recent 70B r…

If it was a for-profit company would you write that "profit is foremost and 90% employees can leave"?
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